Author: Yeek.io
Bonk, the second-biggest meme coin on Solana, rose after Rex Shares filed for a spot exchange-traded fund. Bonk (BONK) rose by 6.5%, making it one of the best-performing Solana (SOL) meme coins. The token has climbed about 26% in the past seven days. This rebound came after Rex Shares, an asset management firm with over $8 billion in assets under management, filed an ETF application. The company also applied for other crypto ETFs, including those tied to Ethereum, Bitcoin, Solana, Ripple (XRP), and Dogecoin. Analysts believe that the Paul Atkins-led Securities and Exchange Commission will be more open to approving…
Ethereum Foundation has rolled out plans to support the ETH DeFi ecosystem. The plan is part of a broader overhaul of the organization after recent community backlash. After several months of community backlash, the Ethereum Foundation (EF) has revealed key restructuring to improve the DeFi ecosystem. The organization said they released 50K Ethereum[ETH] (worth over $163M at current prices) as part of the DeFi program, starting with Aave [AAVE] and Safe platforms. Part of the statement read, “The EF will use this new wallet to participate in the DeFi ecosystem. We’ve made a testing transaction on Aave. Also, Safe has proven…
Despite not mentioning Bitcoin in Trump’s first speech, experts believe his administration will soon make crypto a priority. A “golden age” without crypto On Jan. 20, Donald Trump returned to the White House as the 47th President of the United States, delivering an inaugural address that promised a “golden age” for America. His speech covered themes like unity, economic strength, and border control while addressing hot-button issues such as inflation, immigration, and energy production. Yet, the crypto community noticed a glaring omission — there wasn’t a single mention of crypto or Bitcoin (BTC), despite the Trump family’s recent involvement in…
Donald Trump just bought over $54M worth of crypto. According to the blockchain intelligence platform Arkham, World Liberty Financial ($WLFI), a crypto project owned by Donald Trump, made the purchase just as he was sworn in as the new President of the United States. The purchase includes a variety of different tokens, such as Ethereum, Bitcoin, Tron, and Aave. Interestingly, $WLFI invested approximately $4.7M, or a multiple of it, in every single token. More interesting stuff? At the exact moment of Trump’s inauguration, a $4.7M purchase of Bitcoin was made. This brings $WLFI’s total crypto holding to a whopping $329M.…
NFTs have quickly grown from a niche concept to a major force in the art world, enabling creators to connect with collectors in new ways. While the market has seen its ups and downs, there’s still plenty of room for innovative generative NFT collections. By blending unexpected traits with artistic flair, these projects offer something unique—no coding background needed. Dive into this guide to see how you can bring your own collection to life. What You Will Learn Here’s what to expect from this generative NFT tutorial: How to pick the right no-code generative art platform. How to prepare your…
After a second successful acquisition, Synthetix has fast-tracked and launched its newest derivatives product, Synthetix Leveraged Tokens, designed to simplify access to leverage in crypto markets. Highlights include a new deployment on Base with Synthetix V3, a range of new leveraged tokens, and an incentive campaign to celebrate the launch. What are Leveraged Tokens?Leveraged tokens are ERC-20 tokens that offer leveraged exposure to an underlying asset while maintaining the leverage factor within a targeted range. In contrast to conventional perpetual futures, leveraged tokens are transferable, auto-rebalancing, non-liquidating, and require no margin management by the holder. Leveraged tokens make leveraged long or short…
TRUMP, after igniting a storm in the market, is now being viewed as a manipulation stunt. With billions lost, the question remains: where does this leave Bitcoin? There’s no doubt, Trump’s memecoin [TRUMP] launch has left the market divided. On one side, supporters hail it as a “masterstroke” that will fuel Trump’s pro-crypto image. On the other, critics view it as pure “manipulation” – another hype-driven cash grab. But after 100 executive orders, his crypto-friendly stance has flipped to “no crypto.” Now, with the market in turmoil and Bitcoin caught in the crossfire, what’s next for the crypto market as…
Bitcoin ($BTC) has recently undergone a surprising correction after reaching its new all-time high (ATH) price level. As per Santiment, Bitcoin ($BTC) is showing a significant buying opportunity after the rapid correction following touching its ATH at $109.3K. The correction reportedly took place after the rising hype around $BTC before Trump took the oath. 📈📉 Bitcoin’s new all-time high of $109.3K was established in Monday’s early hours before Trump’s inauguration. Prices quickly corrected, though, as social media showed major greed and FOMO. This chart shows mentions on X, Reddit, Telegram, 4Chan, and Farcaster for:🟥 Bitcoin… pic.twitter.com/zfgC0P3QUx— Santiment (@santimentfeed) January 21,…
Despite being hit with three lawsuits within minutes of Trump reclaiming the presidency, Elon Musk’s Department of Government Efficiency (D.O.G.E) is officially live. And it’s bringing attention to these five presales set to 100x. D.O.G.E aims to minimize the federal budget by $2T through measures like downsizing the federal workforce and modernizing tech. However, it’s been criticized for conflicts of interest and lack of transparency. Regardless of the backlash, having the Dogefather take the reins of a government department signals bullish times for crypto – especially considering that when Musk shills $DOGE, many meme coins often spike. Also boosting market…
Tron followed closely, earning $2.15 billion in fees—a staggering 116.7% jump from $922 million in 2023. Tron’s surge was fueled by rising stablecoin usage, with fee earnings peaking at $342 million in December 2024.Bitcoin came third, with $922 million in fees driven by Ordinal NFTs, BRC-20 tokens, and Bitcoin-based apps.Solana posted the most remarkable growth, with a 2,838% rise in fee earnings to $750.65 million. Its share of decentralized exchange trading climbed past 30% in Q4. The network also set a new fee record on January 20, spurred by interest in TRUMP and MELANIA coins.Layer 1 blockchains dominated the scene,…